Alibaba emerges as major backer of high-flying Chinese start-up Moonshot AI, with 36% stake
Alibaba Group Holding is a major backer of Moonshot AI, one of China's hottest artificial intelligence start-ups. The e-commerce giant holds a 36 per cent stake in the Beijing-based firm. Moonshot is valued at approximately US$ billion, according to the company's annual report. Alibaba is among a group of Chinese tech firms scrambling to offer a rival to ChatGPT.
Forward News · 22h ago
Alibaba Stock (NYSE:BABA): Exploring the Value in Its Diverse Segments
TipRanks · 1d ago
PDD Stock Soars as Goldman Sachs Upgrades Stock On Improved Temu Economics
Goldman Sachs analyst Ronald Keung upgraded PDD Holdings from Neutral to Buy and raised the price target from $145 to $184. Keung lifted his near-term online marketing revenue growth and 2024-2026 group profit estimates by 25%- 43%. PDD stock is trading higher after the upgrade.
Benzinga · 1d ago
Alibaba's $4.5B Bold Move: Bonds, Buybacks, Bullish Bets
Alibaba Group Holding Ltd. Announced plans to raise $ billion through convertible bonds to fund share buybacks. The initial conversion price is set at $ per American depositary share. The bonds are maturing in seven years with a coupon of $ The company is facing fierce competition and a slow Chinese economic recovery.
Benzinga · 1d ago
Consumer Sector Update for 05/24/2024: BKE, VFC, BABA, XLP, XLY
NASDAQ · 1d ago
Zacks Investment Ideas feature highlights: ARGT, IWM, BIT, NVIDIA, Alibaba and
Investors can gain valuable insights from insiders and the world's most profitable traders. MSCI Argentina ETF, Russell 2000 Index ETF, iShares Bitcoin Trust ETF, NVIDIA NVDA, Alibaba BABA and are among the featured stocks. Investors can follow the "smart money" by watching for insider buying.
Forward News · 1d ago
Onespan and Alibaba have been highlighted as Zacks Bull and Bear of the Day
NASDAQ · 1d ago
Validea Detailed Fundamental Analysis - BABA
NASDAQ · 1d ago
Pre-Market Most Active for May 24, 2024 : BABA, SQQQ, TQQQ, NVDA, NVDL, TSLL, NVD, GME, AEG, NIO, AMC, WDS
NASDAQ · 1d ago
AMD, Workday, Alibaba, Super Micro Computer, and Other Tech Stocks in Focus Today
Barron‘s · 1d ago
What's Going On With Alibaba Stock On Friday?
Alibaba has expanded availability zone of its cloud computing products to Mexico for the first time. The Chinese technology giant plans to build new data centers in key markets over the next three years. Head of the company's international arm highlighted AI products as a growth driver for the company.
Benzinga · 1d ago
Bear Of The Day: Alibaba (BABA)
NASDAQ · 1d ago
Alibaba's US$4.5 billion convertible bond sale 'oversubscribed', as tech giant builds war chest to fund share buy-backs
Alibaba Group Holding is selling up to US$5 billion worth of convertible bonds to fund its share buy-backs. Leaders of the Chinese tech giant declared e-commerce and cloud computing as its core businesses. The offering is Asia's largest-ever convertible bond transaction and the world's biggest since 2008.
Forward News · 1d ago
Stocks to Watch Friday: Nvidia, Workday, Alibaba, Deckers Outdoor
Forward News · 1d ago
Alibaba raises $5bn for share buybacks as it warns of AI challenges
Forward News · 1d ago
Alibaba Group prices $4.5B senior convertible notes
Seeking Alpha · 2d ago
Alibaba To Raise $4.5B Through Convertible Bonds For Share Buybacks Amid Fierce Competition, Slow Recovery
Benzinga · 2d ago
Alibaba’s Shareholder Strategy Shift: Navigating the Potential Risks to Market Valuation
TipRanks · 2d ago
Reported Earlier, Alibaba Group Prices Private Offering Of $4.5B 0.50% Convertible Senior Notes Due 2031
Benzinga · 2d ago
Alibaba Issues Record $4.5 Billion Convertibles to Fund Buybacks
Forward News · 2d ago
Webull provides a variety of real-time BABA stock news. You can receive the latest news about Alibaba Group Hldg Ltd through multiple platforms. This information may help you make smarter investment decisions.
About BABA
Alibaba Group Holding Ltd provides technology infrastructure and marketing platforms. The Company operates through seven segments. China Commerce segment includes China retail commerce businesses such as Taobao, Tmall and Freshippo, among others, and wholesale business. International Commerce segment includes international retail and wholesale commerce businesses such as Lazada and AliExpress. Local Consumer Services segment includes location-based businesses such as, Amap, Fliggy and others. Cainiao segment includes domestic and international one-stop-shop logistics services and supply chain management solutions. Cloud segment provides public and hybrid cloud services like Alibaba Cloud and DingTalk for domestic and foreign enterprises. Digital Media and Entertainment segment includes Youku, Quark and Alibaba Pictures, other content and distribution platforms and online games business. Innovation Initiatives and Others segment include Damo Academy, Tmall Genie and others.